Market Sentiment Turns Positive

After a two-month blip, the various shipping markets appear to be returning to their state of excitement and optimism. The stellar success of George Economou’s DryShips IPO is one indicator of market health, while reports issued by analysts from both Morgan Stanley and Citigroup, traditionally among the more bearish banks on shipping, suggest that not just the present but also the future is bright. Not to say that they will necessarily outshine the past year – be sure to keep your eyes open for our Deal of the Year Awards announcement in next week’s Freshly Minted.

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